14.27% to 16.25%! Eurasian Economic Union Strikes Hard, Chinese Titanium Dioxide Industry Faces 5-Year Anti-Dumping Tax Crisis

September 3, from the National Chemical productivity promotion Center Titanium White branch center learned that the Eurasian Economic Union internal Market Protection Department recently officially issued the anti-dumping final ruling announcement on titanium dioxide (titanium dioxide) products originating in China, clearly pointed out that the product exists dumping, and determined that dumping has caused substantial damage to the relevant industries in the Eurasian Economic Union. The proposed tax rate is 14.27% ~ 16.25%, and the collection period is 5 years.

Based on this, they propose to impose anti-dumping duties on producers/exporters from China for a period of five years. From the specific tax rate, the tax rate of LB Group Co., LTD., Henan Billions Advanced Material Co., Ltd., LB Lufeng Titanium Industry Co., LTD., LB Sichuan Titanium Industry Co., LTD., and LB Xiangyang Titanium Industry Co., Ltd. is 14.27%; Shandong Dao 'en Titanium Co., Ltd. and other Chinese producers/exporters are taxed at 16.25%. The products involved are pigments with a dry dose of titanium dioxide content of 80% or more, but do not include titanium dioxide used in the production of fragrances and cosmetics, pharmaceuticals and food.

"This is after the EU anti-dumping matters landed, another anti-dumping incident against China's titanium dioxide industry, to a certain extent, intensified the global export of China's titanium dioxide 'chase and intercept'." Yan titanium titanium industry analyst Yang Xun pointed out.

Tuo Duo industry big Data Department titanium analyst Qi Yu said that compared with the EU anti-dumping, the Eurasian Economic Union imposed anti-dumping duties on Chinese titanium dioxide products, from the perspective of covering countries and tax rates, the scope of impact is limited. However, in general, it will affect the export of titanium dioxide in China.

In this regard, Sun Zheyu, deputy secretary general of the Titanium White branch of the National chemical productivity promotion Center, believes that in the short term, domestic titanium dioxide enterprises may face problems such as increasing export costs, shrinking profit margins, and declining market competitiveness, and it is suggested that relevant enterprises focus on doing three aspects of work.

First, it is necessary to strengthen compliance, adjust business strategies, and strive to open up new markets. It should ensure that product pricing and marketing strategies comply with international trade rules, reduce the risk of violations through internal audit and compliance training, and reduce the likelihood of anti-dumping investigations. At the same time, we should respond to market changes by adjusting business strategies, pay close attention to international market dynamics, and formulate more flexible and diversified market strategies. In addition, in the face of trade barriers in specific markets, it is necessary to actively explore other markets to diversify risks.

Second, it is necessary to strengthen technological innovation of enterprises, make good use of resource advantages, and promote industrial upgrading. It is necessary to increase technological innovation, improve product quality and reduce production costs. At the same time, it pays attention to the development and application of environmental protection and energy-saving technologies, promotes the green transformation of the industry, and improves the application of titanium dioxide in high-end downstream fields.

The third is to pay attention to the dynamic changes in policies, strengthen industry cooperation, and establish a long-term response mechanism. It is necessary to pay close attention to the dynamic changes of international trade policies in order to adjust market strategies in time. Enterprises in the industry can join forces to jointly respond to anti-dumping investigations and form industry no-harm defenses. At the same time, it should regularly monitor changes in the international trade environment, adjust market strategies, disperse market risks, increase exports to other regions, and strengthen internal compliance management to ensure that all export behaviors meet the requirements of international trade regulations.